This role has a moderate level of AI exposure. AI can enhance efficiency for some tasks, but this job still relies on human skills and decision-making.
Explore all careersAn Actuary analyses data to assess financial risks and inform decision-making in sectors like banking and insurance, requiring strong analytical skills.
Get qualified to work as an Actuary with a course recognised across Australia. Speak to a training provider to learn more.
In Australia, a full time Actuary generally earns $2,400 per week ($124,800 annual salary) before tax. This is a median figure for full-time employees and should be considered a guide only. As you gain more experience you can expect a potentially higher salary than people who are new to the industry.
The number of people working in this field is likely to grow strongly in coming years. There are currently 1,800 people employed in this industry in Australia and many of them specialise as an Actuary. Actuaries may find work across all regions of Australia.
Source: Australian Government Labour Market Insights
A Bachelor of Actuarial Studies is an ideal qualification if you’re planning a career as an Actuary. This course will give you the skills to assess and manage financial risks to individuals, corporations and governments. You’ll cover topics including applied financial mathematics, probability and statistics, data visualisation, risk management and analytics and quantitative data science.
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Exploring Actuary courses in Queensland offers aspiring actuaries a pathway into a rewarding career within the fields of mathematics, finance, and risk management. With three advanced courses available in the Queensland area, learners can enhance their knowledge and skills in actuarial practice. The Bachelor of Advanced Science (Honours) (Mathematics), the Master of Actuarial Practice, and the Master of Actuarial Science are all excellent choices for those seeking to delve deep into this analytical discipline.
Several esteemed training providers offer these Actuary courses in Queensland. The University of Queensland (UQ) and Bond University are prominent institutions that provide quality education in this field. For example, Bond University specifically offers the Master of Actuarial Practice programme, equipping students with the industry-relevant skills required to excel in actuarial roles.
As part of their studies, students may also explore related fields of interest such as Risk Management, which complements the actuary's expertise in analysing risks associated with financial decisions. In addition, courses in Mathematics and Statistics further support the analytical abilities essential for actuaries, helping them navigate complex data and make informed predictions.
Those looking to embark on a career as an actuary may also find interest in alternative job roles listed on the same webpage, such as Business Analyst, Quantitative Analyst, and Risk Manager. These positions benefit from the analytical skills developed through actuarial training, providing numerous career opportunities within the vibrant Queensland job market.
By pursuing Actuary courses in Queensland, students are making a proactive choice towards a future oriented around data and decision-making. With three solid courses to choose from at leading institutions like UQ and Bond University, aspiring actuaries are well-positioned to transform their aspirations into reality, gaining the qualifications needed to excel in various related professions and contribute meaningfully to the world of finance and risk. Start your journey today and explore all the available options within the actuary field!